Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$6.23B |
| 2 |
Coty
COTY
|
+$1.43B |
| 3 |
Microsoft
MSFT
|
+$237M |
| 4 |
GXP
Great Plains Energy Incorporated
GXP
|
+$199M |
| 5 |
eBay
EBAY
|
+$198M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Charter Communications
CHTR
|
+$266M |
| 2 |
NextEra Energy
NEE
|
+$198M |
| 3 |
EMC
EMC CORPORATION
EMC
|
+$179M |
| 4 |
Exelon
EXC
|
+$150M |
| 5 |
Salesforce
CRM
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 17.19% |
| 2 | Healthcare | 10.11% |
| 3 | Energy | 8.17% |
| 4 | Technology | 8.17% |
| 5 | Financials | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1651
iShares 7-10 Year Treasury Bond ETF
IEF
$47.4B
| $3.04M | 0.01% |
27,134
-34,646
| -56% | -$3.88M |
|
1652
PUT
Medtronic
MDT
$111B
| $3.02M | 0.01% |
+35,000
| New | +$3.05M |
|
|
WCC
1653
WESCO International
WCC
$16.1B
| $3.02M | 0.01% |
49,136
-443,223
| -90% | -$25.4M |
|
1654
FTI Consulting
FCN
$5.04B
| $3.02M | 0.01% |
67,743
-206,895
| -75% | -$8.94M |
|
|
RGC
1655
DELISTED
Regal Entertainment Group
RGC
| $3.01M | 0.01% |
+138,556
| New | +$3.05M |
|
1656
Aptiv
APTV
$12.6B
| $3.01M | 0.01% |
42,253
-236,731
| -85% | -$16M |
|
|
STRZA
1657
DELISTED
Starz - Series A
STRZA
| $3.01M | 0.01% |
96,602
-290,503
| -75% | -$8.95M |
|
|
WBA
1658
DELISTED
Walgreens Boots Alliance
WBA
| $3.01M | 0.01% |
+37,343
| New | +$3.04M |
|
1659
Alkermes
ALKS
$8.47B
| $3.01M | 0.01% |
+63,939
| New | +$3.04M |
|
|
KA
1660
DELISTED
Kineta, Inc. Common Stock
KA
| $3.01M | 0.01% |
1,378
+1,214
| +740% | +$2.26M |
|
|
HBI
1661
DELISTED
Hanesbrands
HBI
| $3M | 0.01% |
119,002
-898,262
| -88% | -$23.7M |
|
1662
Braskem
BAK
$944M
| $3M | 0.01% |
195,183
-96,929
| -33% | -$1.27M |
|
1663
Trip.com Group
TCOM
$28.5B
| $3M | 0.01% |
+64,463
| New | +$2.87M |
|
1664
The Ensign Group
ENSG
$10.7B
| $3M | 0.01% |
159,329
-77,243
| -33% | -$1.47M |
|
1665
Medpace
MEDP
$15.9B
| $2.98M | 0.01% |
+99,770
| New | +$2.91M |
|
|
HZN
1666
DELISTED
Horizon Global Corporation
HZN
| $2.98M | 0.01% |
149,494
-54,178
| -27% | -$835K |
|
|
WES
1667
DELISTED
Western Gas Partners Lp
WES
| $2.98M | 0.01% |
+54,111
| New | +$2.71M |
|
|
TRHC
1668
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $2.97M | 0.01% |
+207,675
| New | +$3.03M |
|
|
CEB
1669
DELISTED
CEB Inc.
CEB
| $2.97M | 0.01% |
54,478
-32,015
| -37% | -$1.91M |
|
1670
Innospec
IOSP
$2.12B
| $2.95M | ﹤0.01% |
48,468
-58,562
| -55% | -$3.26M |
|
1671
Eldorado Gold
EGO
$8.4B
| $2.94M | ﹤0.01% |
149,829
-425,305
| -74% | -$8.78M |
|
1672
Winnebago Industries
WGO
$908M
| $2.94M | ﹤0.01% |
124,757
+29,472
| +31% | +$686K |
|
|
LLTC
1673
DELISTED
Linear Technology Corp
LLTC
| $2.94M | ﹤0.01% |
49,595
+41,087
| +483% | +$2.3M |
|
|
EXAS
1674
CALL
DELISTED
Exact Sciences
EXAS
| $2.93M | ﹤0.01% |
+158,000
| New | +$2.78M |
|
|
NUVA
1675
DELISTED
NuVasive, Inc.
NUVA
| $2.93M | ﹤0.01% |
44,016
-768,290
| -95% | -$48.9M |
|
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Millennium Management's Q3 2016 Portfolio in Review
As of Q3 2016, Millennium Management held 3,956 positions worth $59.6B, up 37% from $43.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Millennium Management deployed $13.4B of net new capital in Q3 2016, opening 826 new positions and adding to 1,153 existing holdings. Its largest new stake was Edison International: 1,171,827 shares worth $84.7M.
By sector, the portfolio is most concentrated in Consumer Staples at 17% of assets, up from 6.2% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was NextEra Energy, an estimated $198M trimmed.
- Millennium Management's largest Q3 2016 buy was Edison International: 1,171,827 shares worth $84.7M.
- Millennium Management added most to Procter & Gamble in Q3 2016, an estimated $6.23B increase.
- Millennium Management's biggest Q3 2016 reduction was NextEra Energy, cutting an estimated $198M.
- Millennium Management fully exited Charter Communications in Q3 2016, selling an estimated $266M.
- Millennium Management's ten largest holdings make up 24% of its $59.6B portfolio in Q3 2016.
- Millennium Management opened 826 new positions and closed 723 in Q3 2016.
- Millennium Management's portfolio value rose 37% quarter-over-quarter to $59.6B.
Based on Millennium Management's 13F filing for Q3 2016, filed 14 Nov 2016.